Philadelphia
Mortgage Loan Application
Totals and Details
for 2017

Find mortgage loan statistics, lending data, and loan application totals for Pennsylvania.
The mortgage statistics and data below are specific to mortgage loan applications for Philadelphia.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Philadelphia
12800 Townsend Rd
Philadelphia, PA 19154
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,642
Total Mortgage Loan Application Amount $169,518,000
Average Mortgage Loan Application Amount $107,666
Highest Mortgage Loan Application Amount $1,363,000
Average Applicant Income $72,000
Highest Applicant Income $1,352,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in PA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Philadelphia by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Philadelphia County Pennsylvania 1,241 $ 119,373,000 $ 96,000 $ 63,000
Delaware County Pennsylvania 93 $ 9,444,000 $ 101,000 $ 73,000
Montgomery County Pennsylvania 73 $ 10,644,000 $ 145,000 $ 95,000
Columbia County Pennsylvania 58 $ 4,500,000 $ 77,000 $ 70,000
Bucks County Pennsylvania 41 $ 6,512,000 $ 158,000 $ 115,000
Camden County New Jersey 25 $ 2,892,000 $ 115,000 $ 85,000
Cape May County New Jersey 15 $ 3,399,000 $ 226,000 $ 252,000
Burlington County New Jersey 14 $ 2,173,000 $ 155,000 $ 145,000
Gloucester County New Jersey 11 $ 1,187,000 $ 107,000 $ 70,000
New Castle County Delaware 9 $ 1,076,000 $ 119,000 $ 93,000
Chester County Pennsylvania 7 $ 1,395,000 $ 199,000 $ 161,000
Berks County Pennsylvania 5 $ 553,000 $ 110,000 $ 96,000
Luzerne County Pennsylvania 5 $ 292,000 $ 58,000 $ 71,000
Atlantic County New Jersey 4 $ 577,000 $ 144,000 $ 180,000
Northumberland County Pennsylvania 4 $ 302,000 $ 75,000 $ 95,000
Broward County Florida 2 $ 229,000 $ 114,000 $ 53,000
Duval County Florida 2 $ 347,000 $ 173,000 $ 80,000
Cumberland County New Jersey 2 $ 96,000 $ 48,000 $ 29,000
Mercer County New Jersey 2 $ 296,000 $ 148,000 $ 98,000
Ocean County New Jersey 2 $ 639,000 $ 319,000 $ 213,000
Monroe County Pennsylvania 2 $ 220,000 $ 110,000 $ 105,000
Schuylkill County Pennsylvania 2 $ 25,000 $ 12,000 $ 31,000
Sussex County Delaware 1 $ 70,000 $ 70,000 $ 124,000
Lee County Florida 1 $ 7,000 $ 7,000 $ 53,000
Manatee County Florida 1 $ 172,000 $ 172,000 $ 49,000
Osceola County Florida 1 $ 30,000 $ 30,000 $ 45,000
Polk County Florida 1 $ 15,000 $ 15,000 $ 54,000
Montgomery County Maryland 1 $ 428,000 $ 428,000 $ 60,000
Prince George's County Maryland 1 $ 300,000 $ 300,000 $ 312,000
Hampshire County Massachusetts 1 $ 500,000 $ 500,000 $ 14,000
Clark County Nevada 1 $ 175,000 $ 175,000 $ 76,000
Bergen County New Jersey 1 $ 40,000 $ 40,000 $ 22,000
Essex County New Jersey 1 $ 400,000 $ 400,000 $ 162,000
Hunterdon County New Jersey 1 $ 7,000 $ 7,000 $ 70,000
Passaic County New Jersey 1 $ 141,000 $ 141,000 $ 109,000
Salem County New Jersey 1 $ 40,000 $ 40,000 $ 44,000
Carbon County Pennsylvania 1 $ 110,000 $ 110,000 $ 175,000
Cumberland County Pennsylvania 1 $ 7,000 $ 7,000 $ 49,000
Lehigh County Pennsylvania 1 $ 126,000 $ 126,000 $ 74,000
Lycoming County Pennsylvania 1 $ 40,000 $ 40,000 $ 173,000
Montour County Pennsylvania 1 $ 109,000 $ 109,000 $ 52,000
Pike County Pennsylvania 1 $ 155,000 $ 155,000 $ 135,000
Snyder County Pennsylvania 1 $ 134,000 $ 134,000 $ 1,000
Sullivan County Pennsylvania 1 $ 250,000 $ 250,000 $ 48,000
Wayne County Pennsylvania 1 $ 91,000 $ 91,000 $ 73,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Pennsylvania, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Philadelphia in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 645 $89,726,000 $139,000 $1,363,000 $66,000 $1,079,000
Home Improvement 619 $26,007,000 $42,000 $300,000 $73,000 $1,352,000
Home Purchase 378 $53,785,000 $142,000 $608,000 $77,000 $1,015,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 497 $64,320,000 $129,000 $750,000 $98,000 $1,079,000
Black or African American 472 $35,025,000 $74,000 $500,000 $63,000 $1,352,000
Not Provided 382 $24,251,000 $63,000 $350,000 $73,000 $936,000
Not applicable 145 $30,578,000 $210,000 $1,363,000 $0 $0
Hispanic 87 $8,174,000 $93,000 $351,000 $62,000 $280,000
Asian 47 $5,801,000 $123,000 $700,000 $97,000 $900,000
Native Hawaiian or Other Pacific Islander 7 $1,240,000 $177,000 $278,000 $69,000 $190,000
American Indian or Alaskan Native 5 $129,000 $25,000 $51,000 $40,000 $81,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,636 $168,972,000 $103,000 $1,363,000 $71,000 $1,352,000
FHA-insured (Federal Housing Administration) 5 $466,000 $93,000 $250,000 $30,000 $89,000
VA-guaranteed (Veterans Administration) 1 $80,000 $80,000 $80,000 $60,000 $60,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Denied By Financial Institution 763 $62,688,000 $82,000 $700,000 $68,000 $1,352,000
Loan Originated 705 $81,514,000 $115,000 $1,363,000 $73,000 $1,079,000
Application Withdrawn By Applicant 83 $14,196,000 $171,000 $608,000 $87,000 $936,000
File Closed For Incompleteness 70 $8,844,000 $126,000 $408,000 $69,000 $315,000
Application Approved But Not Accepted 21 $2,276,000 $108,000 $400,000 $50,000 $162,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 61 $8,492,000 $139,000 $428,000 $55,000 $191,000
Credit History 57 $6,514,000 $114,000 $300,000 $76,000 $914,000
Credit Application Incomplete 20 $3,190,000 $159,000 $460,000 $88,000 $216,000
Collateral 17 $2,958,000 $174,000 $357,000 $106,000 $227,000
Other 15 $2,307,000 $153,000 $700,000 $72,000 $174,000
Unverifiable Information 6 $751,000 $125,000 $300,000 $221,000 $900,000
Insufficient Cash (Downpayment, Closing Cost) 6 $754,000 $125,000 $194,000 $73,000 $122,000
Employment History 4 $563,000 $140,000 $196,000 $49,000 $54,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in PA, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Pennsylvania, and search similar information at your convenience.

Download the Pennsylvania Lender List